| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $76M | $71M | 0.5% | 8.4% |
| Op. Income | $43M | $43M | $44M | 0.2% | -1.6% |
| Gross Margin | 92.5% | 92.6% | 96.6% | -0.1pp | -4.1pp |
| Net Margin | 54.0% | 54.0% | 57.0% | -0.0pp | -3.1pp |
| EPS (Diluted) | $1.44 | $1.43 | $1.41 | 0.7% | 2.1% |
| Free Cash Flow | $62M | $65M | -$100M | -4.4% | 161.8% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $17M |
| Operating Expenses | $27M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $43M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | -$50.0K |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $46M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $17M |
| Operating Expenses | $27M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $43M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | -$50.0K |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $46M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$579.0K |
| Change in Working Capital | -$514.0K |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | -$48M |
| NET CASH FROM INVESTING | $44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $115M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $73M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $58M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $304M |
| TOTAL LIABILITIES | $443M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$137M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $300M |
| Net Debt | $208M |
